Form 4: Baxter International EVP Reazur Rasul Reports Stock Transaction
SEC Form 4 Filing
Reazur Rasul, EVP at Baxter International, reports the forfeiture of 522 shares to cover tax withholding related to vested restricted stock units.
Summary
- On March 4, 2024, Reazur Rasul, an Executive Vice President at Baxter International Inc., forfeited 522 shares of common stock to cover tax obligations.
- The shares were forfeited at a price of $42.5 per share.
- This transaction resulted from the settlement of vested restricted stock units granted on March 2, 2022, and March 3, 2021.
- Following the transaction, Rasul directly owns 25,834 shares of Baxter International Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/03/2021 | Date of grant of restricted stock units that contributed to the tax obligation. |
| 03/02/2022 | Date of grant of restricted stock units that contributed to the tax obligation. |
| 03/04/2024 | Date of the stock forfeiture transaction. |
| 03/06/2024 | Date of signature on the Form 4 filing. |
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